ABSTRACT

Serial No. 115-60: Legislative Proposals to Counter Terrorism and Illicit Finance, Joint Hearing Before the Subcommittee on Financial Institutions and Consumer Credit and the Subcommittee on Terrorism and Illicit Finance of the Committee on Financial Services, U.S. House of Representatives, One Hundred Fifteenth Congress, First Session, November 29, 2017   [open pdf - 8MB]

This is the November 29, 2017 hearing "Legislative Proposals to Counter Terrorism and Illicit Finance" before the Subcommittee on Financial Institutions and Consumer Credit and the Subcommittee on Terrorism and Illicit Finance of the Committee on Financial Services, U.S. House of Representatives. From the opening statement of Stevan Pearce: "Today's joint hearing will examine legislative proposals to combat money laundering, terrorist financing, human trafficking, and other illicit activities within our financial system. Nearly 50 years old, the Bank Secrecy Act (BSA) was designed and passed before the emergence of the common technology we take advantage of today. From the very basic, like how a currency transaction report (CTR) is filed, to the extremely complex, including what information is most useful to the U.S. Financial Intelligence Unit, the BSA framework needs modernization." Statements, letters, and materials submitted for the record include those of the following: Daniel H. Bley, John J. Byrne, William J. Fox, and Stefanie Ostfeld.

Report Number:
Serial No. 115-60
Publisher:
Date:
2018
Copyright:
Public Domain
Retrieved From:
Government Publishing Office: http://www.gpo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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